Salah Diab: State collaborates with private projects at 50% share

Businessman Salah Diab confirmed that the Egyptian government's move to privatize state-owned companies is a positive step. The private sector will participate with a 50% stake through international auctions, while the government will remain a partner in the profits at the same percentage. He explained that this approach enhances competition and encourages investments, noting that the state contributes up to 50% of the taxes and insurance in joint projects, and will retain a share of the profits, not the losses.

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